Boosting global trade, the logistics industry's digital intelligence progress bar is full!

Digital intelligence is the first driving force in the second half of logistics.

You will get countless answers about future questions. But the future of digital intelligence has become a consensus in this new era. Promoting global trade and international logistics transformation, digital intelligence has great potential.

Digitalization Boosts Supply Chain Capacity

The deep integration of digital intelligence and the real economy, big data, big models, and big computing power, will bring huge development space to future society. Digital intelligence is a "booster" for global trade development and an "efficiency enhancer" for international logistics transformation.

In the past few years, many factors have impacted the global supply chain and seriously disrupted the development of global trade. According to the latest Global Trade report released by the United Nations Conference on Trade and Development, after two consecutive quarters of decline, global trade in goods and services rebounded between January and March 2023, but the prospects for global trade in the second half of this year are bleak.

The report also predicts that factors such as sustained inflation, financial fragility, the Russia Ukraine war, and geopolitical factors will affect global trade growth in the second quarter of this year. Overall, the outlook for global trade in the second half of 2023 is pessimistic, with negative factors outweighing positive ones.

However, rather than struggling on this point, it is better to find ways to overcome difficulties and take advantage of opportunities. Layout intelligence is a good start. Although this is not a panacea for dealing with economic recession and sluggish trade, it is one of the best ways to deal with economic uncertainty.

Digitalization is not only about using robots, but also about improving production and delivery processes. In addition, it also seeks to improve production efficiency and reduce production costs to compensate for raw material shortages and product price differentials in the market. Moreover, research has long shown that digital intelligence can improve performance by reducing errors, improving quality and speed, and in some cases, achieving results beyond human capabilities.

Enhancing the endogenous driving force of the domestic economy also requires the support of digital intelligence. On July 31st, with the consent of the State Council, the General Office of the State Council forwarded the Measures on Restoring and Expanding Consumption issued by the National Development and Reform Commission. Among them, digital intelligence will also play a key role in expanding domestic demand and boosting consumption.

On the demand side, digital intelligence is reshaping people's consumption concepts. Merchants can design, develop, and produce products that consumers truly need based on big data to meet their diverse needs. On the supply side, digital intelligence tools provide more accurate and intelligent means for operational entities to process and analyze resident consumption information, thereby achieving more convenient and faster services.

With the continuous expansion of consumption scenarios, as a key link connecting production and consumption, logistics demand has naturally "skyrocketed". As is well known, the logistics industry is a comprehensive industry where efficiency is the king and cost is the winner. It urgently needs the support of digital and intelligent capabilities to achieve quality, efficiency, and driving force changes.

Whether it is promoting the upgrading of consumption patterns or improving social turnover efficiency, it has become a consensus to comprehensively transform and improve various links of logistics transportation through big data, cloud computing, the Internet of Things, 5G, artificial intelligence, and other methods, achieve deep connection of data information, and further improve enterprise operational efficiency. At present, leading enterprises in the fields of express logistics, warehousing parks, and other fields have seized the pulse of digital intelligence and actively utilized advanced digital and intelligent technologies to significantly improve the operational efficiency of enterprises.

Data shows that from January to May this year, multiple top express logistics companies added nearly 1000 unmanned vehicles in urban distribution, instant delivery, and other fields; The daily peak operating volume of large-scale automated sorting and smart warehousing logistics parks put into operation within the year can reach 10 million pieces. Through intelligent route planning and design, transportation safety and road congestion issues can also be effectively solved. It is estimated that the comprehensive transportation cost of 100 kilograms of goods per 100 kilometers can be reduced by more than 30%.

How to share the dividends of digital intelligence era

It is worth noting that there are still some pain points in the digitization of logistics supply chains, such as low data quality and inconsistent data sources; Lack of effective connection between logistics information flow and capital flow can easily lead to information silos; The lack of unified standards and norms makes it difficult to achieve organic connection between various links. If the logistics industry wants to achieve digital empowerment and share the dividends of the digital era, it still needs to gather the strength of the industrial chain.

The 6th China International Import Expo (hereinafter referred to as "CIIE") will be held in Shanghai from November 5th to 10th, 2023. As an important supporting conference in the transportation and logistics field during the CIIE, the 6th Global Trade and International Logistics Summit Forum (hereinafter referred to as the "Forum") is scheduled to be held on November 8, 2023 at the National Convention and Exhibition Center (Shanghai). This forum will gather the wisdom of all parties and provide suggestions for China's economic growth and international trade digital development from the perspective of smart logistics supply chain.

The theme of this forum is "New Opportunities for International Logistics in the New Context of Global Trade", and we continue to adhere to the concept of "high-end authority, cutting-edge leadership, practical docking, and global dissemination". We invite industry elites to explore new trends, hotspots, and opportunities in global trade and international logistics in the new era from the perspectives of digitalization, greening, and other aspects. We aim to build new trade scenarios and create logistics channels that can be replicated Promotable development models and paths, promoting innovation in industrial chain supply chain models and upgrading digital and green strategies, promoting logistics cooperation between countries and enterprises, and making greater contributions to promoting the application of China's solutions in the field of international logistics and supply chain.

This forum includes: interpretation of policies and trends in new global trade scenarios; Sharing of experience in the construction of international logistics corridors; High end dialogue on collaborative operation of industrial and supply chains; Display of logistics supply chain development achievements for the 10th anniversary of the "the Belt and Road" initiative; Release of the "Green and Low Carbon Action Guide for Urban Logistics in China"; Excellent case promotion of "2023 Logistics and Supply Chain (China) Solutions"; The International Logistics and Supply Chain Advisory Committee has entered a green digital intelligent logistics enterprise; Visiting activities such as the CIIE (dedicated line customization, precise docking with exhibitors).